Guide to CedarFinance Withdrawal Process -

Guide to CedarFinance Withdrawal Process

Once a profit has been earned, it is important that the trader is aware of the CedarFinance withdrawal process; making a mistake might result in delayed or in some cases lack of the availability of the money withdrawn.

Step-by-step guide to CedarFinance withdrawal process

CedarFinance withdrawal process is quite simple. Withdrawal can be made by following the below mentioned steps:

 

  • Step #1: Log in-enter your trader name and password to access the member area.
  • Step #2: withdrawal interface- once you have safely logged in the member interface, click on the “My Account” tab. Once the slider opens, select “withdrawal request”; which is located directly below the deposit funds’ tab.
  • Step #3 :  Mode of transfer- specify the method through which you want the withdrawal to be processed. Details of these are at the end.
  • Step#4 :  Basic information-fill the information required by the request form. It should be kept in mind that the amount of withdrawal must not be lower than 200 dollars/ Euros/ GBP.
  • Step#5 :  Proper documentation- the form will also require you to submit some documentations with the request. Attach the respective files and information with the withdrawal request.
  • Step#6 :  Submission-once you have provided all the information, submit the form and wait. The money will reach the account in some time, in accordance with the method chosen

Withdrawal processing time and currency

All the requests of withdrawal are submitted to the respective department of the platform. It might take up to 3 days for the requests to be processed. If the request is through wire transfer, then an additional 5 to 7 days might be required for the money to be credited to your account.
The withdrawal amount can be transferred in any of the three offered currencies i.e., the US dollar, Euro or GBP; depending upon the currency of the trading account.

Withdrawal methods and related specific provisions

There are four basic methods of withdrawal which can be requested. These are mentioned below with the restrictions and specifications related to them;
Credit card: The maximum amount that can be withdrawn through a card is the amount that was invested through that exact card. Profits cannot be withdrawn through this.

Wire-transfer: This is the only mean to withdraw profits, in addition to the invested amount. A fee of 25 USD/ Euro/ GBP is applicable on this.

CashU: The request should be made through the card that was used to make the deposit.

Western Union: The fees are charged by the services, not the platform.

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